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Senator Murkowski Visit Solidifies Further Support for Nova Mineral’s Estelle Project
Globenewswire· 2025-08-25 10:30
Core Insights - Nova Minerals Limited is gaining momentum following U.S. Senator Lisa Murkowski's site visit to the Estelle Gold and Critical Minerals Project, highlighting the project's strategic importance for U.S. mineral production and supply chains [1][2][6] Strategic Importance - Senator Murkowski's support emphasizes the Estelle Project's potential to enhance U.S. domestic mineral production and reduce reliance on foreign imports, particularly for critical minerals like antimony and gold [2][5][6] - The project has been identified as one of only nine globally, and one of two in the U.S., with near-term antimony production capability, underscoring its strategic significance [7][13] Governmental Support - The visit by Senator Murkowski reflects broader federal support for revitalizing U.S. rare earth and critical minerals production, as indicated by recent Presidential Executive Orders aimed at strengthening domestic mineral security [5][16] - High-level governmental interest is further demonstrated by Alaska Governor Mike Dunleavy's meeting with Nova's CEO and support from Alaska's Congressional Delegation [12] Project Potential - The Estelle Project is recognized for its significant gold and antimony potential, with Nova already accumulating surface stibnite stockpiles that could meet U.S. military specifications [15] - The project is located in the Tintina Gold Belt, which hosts a documented gold endowment of over 220 million ounces and significant antimony deposits, positioning it as a critical asset for national defense supply chains [21] Collaboration and Recognition - The Estelle Project is seen as a symbol of deepening U.S.–Australia collaboration in strategically vital minerals, with support from the Australian Consul General [12] - Independent research firm RFC Ambrian has highlighted the Estelle Project's potential in its critical minerals commodity report, further validating its importance in the market [13]
Terra Balcanica Resources Corp. to Present at the Clean Energy Metals Virtual Investor Conference August 28th
GlobeNewswire News Room· 2025-08-22 12:35
VANCOUVER, British Columbia, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (CSE: TERA; OTCQB: TEBAF; FRA: UB10), based in Vancouver, BC, Canada and focused on exploration of critical metals including antimony, silver, zinc and uranium today announced that Dr. Alex Miskovic, the President and CEO, will present live at the Clean Energy Metals Virtual Investor Conference hosted by VirtualInvestorConferences.com, on August 28th, 2025. DATE: August 28th TIME: 12:30 pm ESTLINK: REGISTER HEREAv ...
Alkane Delivers Profit After Tax of A$33 Million for FY2025
Globenewswire· 2025-08-22 00:56
Financial Performance - Alkane Resources Limited reported a significant increase in gold revenue for the year ended June 30, 2025, totaling A$262.36 million, up 52% from A$172.99 million in the previous year [1] - Gold production rose to 70,120 ounces, a 23% increase from 57,217 ounces in June 2024, driven by higher grade ore and improved recoveries [1] - The company achieved a profit after tax of A$33.04 million, an 87% increase compared to A$17.68 million in the prior year [1] Operational Highlights - The all-in sustaining cost (AISC) for gold production was A$2,561 per ounce [1] - The Tomingley profit before tax increased by 84% to A$60.93 million from A$33.12 million [1] - The merger with Mandalay Resources Corporation was approved by shareholders and became effective on August 5, 2025, positioning the company for future growth [2][3] Cash and Investments - As of June 30, 2025, the company held A$60.3 million in cash, bullion, and listed investments, with A$48.1 million in cash and A$12.2 million in bullion at fair value [2] - The market value of listed investments was A$8.0 million [2] Company Overview - Alkane Resources operates three mines in Australia and Sweden, focusing on gold and antimony production [7][8] - The company is also developing the Boda-Kaiser Project, a large gold-copper porphyry project in New South Wales, with ongoing exploration in the Northern Molong Porphyry Project [9]
Quantum Visits Babine Copper Projects, BC
Thenewswire· 2025-08-20 21:40
 Vancouver, BC – August 20, 2025 – TheNewswire - Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) ("Quantum" or the "Company") is pleased to announce that crews have been dispatched to complete site visits on its Babine copper projects north of Smithers, B.C. The objectives for the site visits are to establish access to the properties and to locate and verify previous Minfile showings while continuing geological mapping and undertaking grab samples where possible on the claims.Babine ...
Brixton Metals Drills 28.35m of 1.63 g/t of Gold, 76.79 g/t Silver, 0.61% Copper and 1002 g/t Antimony at the Northside Vein, Camp Creek Area
GlobeNewswire News Room· 2025-08-19 11:30
Core Viewpoint - Brixton Metals Corporation has announced promising drill results from its near-surface program at the Camp Creek area, indicating strong mineralization and the potential for further resource estimation [1][3]. Summary by Sections Drill Results - The recent drilling program at Camp Creek involved a total of 2,165 meters over 12 holes, with ongoing drilling at the Trapper Gold Target (3,408 meters over 15 holes) and the Catalyst Copper-Gold Porphyry Target (1,025 meters over 2 holes) [1]. - Hole THN25-325 reported significant assay results, including 1.40 meters of 7.11 g/t gold, 262 g/t silver, 0.76% copper, and 1,840 g/t antimony from a depth of 114.10 meters, and 28.35 meters of 1.63 g/t gold, 76.79 g/t silver, 0.61% copper, and 1,002.41 g/t antimony from 158.65 meters [6][10]. Mineralization Insights - The Northside Vein mineralization has been extended to an estimated total strike length of 800 meters, remaining open along strike and at depth, with estimated widths up to 20 meters [10]. - The mineralization consists of semi-massive quartz-pyrite-sulphosalt breccia hosted within the PZ diorite porphyry unit [10]. Future Plans - The company aims to conduct further shallow drilling in the Camp Creek area to establish a resource estimate based on the new high-grade results [3].
Brixton Metals Drills 28.35m of 1.63 g/t of Gold, 76.79 g/t Silver, 0.61% Copper and 1002 g/t Antimony at the Northside Vein, Camp Creek Area
Globenewswire· 2025-08-19 11:30
Core Insights - Brixton Metals Corporation announced strong assay results from its near-surface drilling program at the Camp Creek area, indicating significant mineralization of gold, silver, copper, and antimony [1][3][6] Drilling Results - The drilling program at Camp Creek consisted of 12 holes totaling 2165 meters, with ongoing drilling at the Trapper Gold Target and Catalyst Copper-Gold Porphyry Target [1] - Hole THN25-325 reported notable intervals, including 1.40m of 7.11 g/t gold, 262 g/t silver, 0.76% copper, and 1840 g/t antimony from a depth of 114.10m, and 28.35m of 1.63 g/t gold, 76.79 g/t silver, 0.61% copper, and 1002.41 g/t antimony from 158.65m depth [6][7] - The Northside Vein mineralization has been extended to an estimated total strike of 800m, remaining open along strike and at depth [6][10] Future Plans - The company aims to conduct further shallow drilling in the Camp Creek area to establish a resource estimate and define the limits of the mineralization [3][10] - Additional drilling is recommended to explore the Northside Vein, which has shown widths of up to 20m [10]
Critical One Announces Upsized Non-Brokered Private Placement
Globenewswire· 2025-08-18 20:53
Core Viewpoint - Critical One Energy Inc. announces an upsize to its non-brokered private placement due to strong investor interest in its Howells Lake Antimony-Gold Project, aiming to raise approximately CDN$3,000,000 by issuing up to 5,000,000 units at CDN$0.60 per unit [1][4]. Group 1: Offering Details - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at CDN$1.00 for 18 months [2]. - The offering is scheduled to close on or about August 26, 2025, subject to regulatory approvals, and will have a hold period of four months and one day for the issued securities [3]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to activities related to the Howells Lake Antimony-Gold Project, including verification drilling, permitting, strengthening the balance sheet, pursuing corporate strategies, and general working purposes [4]. Group 3: Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, with a strategic position to meet the rising global demand for critical minerals, particularly through its antimony-gold exploration in Canada and uranium interests in Namibia [5].
Terra Balcanica Intersects Gold Mineralization Over 72 m and Starts Drill Program At Brezani Target in Bosnia
Globenewswire· 2025-08-18 18:25
Vancouver, British Columbia, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA: UB1) is pleased to announce an expansion of the surface gold skarn system at Brezani and the start of the Phase III drill program at its Viogor-Zanik project, Bosnia and Herzegovina. Highlights The Brezani drillhole BRE23001 located 125 m SSW of the maiden Brezani drillhole intercepted 0.27 g/t Au over 72.3 m including 0.62 g/t Au over 7.5 m. Additionally, two antimony ve ...
Hertz Energy Announces Share Consolidation
Newsfile· 2025-08-18 15:46
Company Overview - Hertz Energy Inc. is a junior exploration company based in British Columbia, focusing on the acquisition and exploration of mineral properties in Eastern Canada, with a strategic portfolio of four projects targeting lithium and antimony mineralization in Quebec and New Brunswick [4]. Share Consolidation - The company intends to consolidate its common shares on a two and one-half (2.5) Share for one (1) Share basis, with a total issued and outstanding number of Shares post-Consolidation expected to be approximately 9,904,671, subject to rounding for fractional Shares [1][2]. - No fractional Common Shares will be issued upon the Consolidation; fractional Shares will be rounded down or up based on specific criteria [3]. Lithium Portfolio - Hertz Energy's lithium assets include the Agastya Lithium Property in Quebec, which consists of three non-contiguous claim blocks along a greenstone belt known for significant Lithium-Cesium-Tantalum pegmatite potential. The 26,500-hectare AC/DC Project is strategically located in Quebec's James Bay Lithium District, near notable projects by other companies [5]. Antimony Portfolio - The company's antimony assets include the Harriman Property in Quebec's Gaspé Region, targeting antimony and gold mineralization, as well as the Lake George Property in New Brunswick, which is being explored for antimony-gold mineralization [6].
Upcoming Guidance and Costerfield and Björkdal Clarification
Globenewswire· 2025-08-18 08:03
Core Viewpoint - Alkane Resources Limited is preparing to release Production Guidance for FY2026 and the Annual Resources and Reserves Statement following the merger with Mandalay Resources Corporation, with expectations to provide updates in September 2025 [3][4]. Production Results - The company has announced consolidated production results for FY2025, detailing production from its Costerfield and Björkdal projects, including metal equivalents calculations [2][6]. - Costerfield produced a total of 143,219 tonnes of ore mined with an average gold grade of 9.54 g/t and an antimony grade of 0.75 tonnes for the year [10][11]. - Björkdal mined 910,663 tonnes of ore with an average gold grade of 1.36 g/t, and milled 1,400,734 tonnes of ore with a head grade of 1.09 g/t [10][11]. Revenue and Costs - Costerfield generated a revenue of US$136.842 million for FY2025, while Björkdal contributed US$128.081 million [10][11]. - The cost of sales excluding depreciation and depletion for Costerfield was US$49.478 million, and for Björkdal, it was US$67.268 million [10][11]. Mine Life Information - The company has retracted previously reported mine life information for Costerfield and Björkdal, clarifying that the estimates were based on foreign mineral reserves and not compliant with the JORC Code [7][8][9]. - Future releases will not include such mine life information to avoid misinterpretation as production targets [9]. Resource and Reserve Estimates - Alkane is converting mineral resources and reserves estimates from NI 43-101 to JORC Code compliance for Costerfield and Björkdal, aiming to include these in the 2026 Annual Resources and Reserves Statement [5]. Company Overview - Alkane Resources operates three mines in Australia and Sweden, focusing on gold and antimony production, and is positioned for further growth with a strong balance sheet [12][13].